Author: News Desk
Smart bands, smartwatches, and wireless earbuds are the most popular smart wearables today. However, it is possible that smart contact lenses will soon be added to the list of smart wearable gadgets. If market watchers are to be believed, the sales of smart contact lenses might explode. Google and Samsung will undoubtedly be at the forefront of the smart lens business. Both firms have been establishing the basics for smart contact lenses for quite some time. Followed by Sony, Google, and Sensimed AG, Samsung is one of the major participants. This isn’t the first time we’ve heard of Samsung’s interest…
It is undeniable that India’s software as a service (SaaS) industry has achieved the fastest growth in the last two years, including the entry of unicorn clubs such as PostMan, MindTickle and Browserstack. Not only that, Girish Mathrubootham led Freshworks made a great debut at Nasdaq last year. The same boom is expected to continue this year. According to a recent report by investment firm Chiratae Ventures and management consultant Zinnov, Indian SaaS companies will raise a whopping $ 6.5 billion in 2022. That’s a 55% increase from the $ 4.2 billion these companies raised last year. A report entitled…
Amazon is planning to enter the field of augmented reality (AR). The company has started several job hunts for “new to world smart home products” that use XR / AR technology. XR or extended reality is a term that includes both virtual reality (VR) and AR. There aren’t many details about what this product is, but the job listing details are also relatively sparse (some of them are already closed). The list of software developers, XR / AR, and XR / AR devices that are already closed includes “Design and Development of Key Software and Architecture for New Smart Home…
A Complete Biography of Mukesh Ambani by A.K. Gandhi This book by A.K. Gandhi discusses the life and success mantra of the business tycoon who started his entrepreneurial journey assisting his father Dhirubhai Ambani in 1981. Today, he is the largest shareholder of Reliance Industries Ltd. Presevere and Previal Like Mukesh Ambani by Rajiv Agarwal People have always been curious about the inner workings of the world’s richest man. In his book, Rajiv Agarwal explores significant decisions Mukesh took, elaborating on his business acumen and strategies. Ambani & Sons by Hamish McDonald Australian journalist Hamish McDonald looks into the lives…
Elon Musk may invest up to $15 billion of his cash to buy TwitterHe also asked Morgan Stanley to help him raise another $10 billion in debtMusk is planning to launch a tender offer in 10 daysHe may even borrow against his current Twitter stake if neededMusk is Twitter’s second-biggest shareholder with a 9.1% stakeEarlier this month, he had offered to buy Twitter for $43 billionHowever, the social media platform adopted a “poison pill” defenseMeanwhile, some private equity firms have shown interest in the bidThis happened after tech-focused PE firm Thoma Bravo approached TwitterThoma Bravo offered a buyout that would…
Indian crypto exchange CoinDCX has raised $135 million in its Series D funding round It has a valuation of over $2 billion The round was led by Pantera and Steadview It saw participation from prominent investors like Kingsway, DraperDragon, Republic, and Kindred It has launched several educational initiatives and campaigns through its DCX Learn platform The company also aims to triple its staff to over 1,000 employees by the end of 2022
The Tata Group recently launched TATA NEU, a super app. This has triggered a conversation about super apps. What is a super app? How does it stand out from the rest of the apps? A super app by a company is a one-stop destination for a set of services or specialized apps catering all customer needs, including social media, travel, cab service, movie tickets, utility payments, insurance, food, fashion, health and wellness. These offers are often associated with a common account and a powerful in-app payment system. An ordinary app, in general, focuses on one of the services. For example,…
Mercedes Benz has unveiled its long-range Electric Vehicle (EV) “Vision EQXX”The concept car travelled over 1,000 km on a fully-charged batteryThe travel from Germany to the South of France faced different climatic conditionsAround 15 per cent of the battery was still available upon its arrival in FranceThe average consumption throughout the trip was only 8.7 kWh/100 kmIt is the longest distance covered by an EV to dateAt the same time, it is a threat to Elon Musk’s Tesla which tries to capture the EV marketMercedes plans to go fully electric by 2030
Adani Green sets a new record in Market Capitalisation (mcap)The company became the seventh most valued firm on Dalal StreetAdani Green is the first Adani Group company to enter the top market capitalised companies listIt is also a non-Sensex company to get into the listIt has overtaken the largest lender State Bank of India (SBI)The State Bank of India with the mcap of Rs 4,54,619.71 cr stands at the eighth positionThe Adani Green shares hit a historic high at Rs 3013.20 apieceWith this, the shares became a multi-bagger with gains of more than 185% in a yearRIL with a mcap…
Japanese auto major Honda Cars unveiled its new offering the City e:HEV sedan By this Honda marked its foray into the mainstream strong hybrid electric vehicle segment in the country The company has commenced the bookings of the model and plans to introduce it in the market next month The City e:HEV would feature a self-charging two-motor strong hybrid system connected to a 1.5 litre petrol engine It will have a peak power of 126 PS and fuel efficiency of 26.5 km per litre The company’s new sedan comes with advanced hybrid driving technology, connectivity and safety features